3.0.0 3694 2023-01-11T13:23:38Z 2023-01-11T13:23:38Z House H HR 2013-12-11 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CUMMINGS:H.R. 3694.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18[Page H7688]]]> hsed00 Education and the Workforce Committee House Standing hsed13 Higher Education and Workforce Development Subcomittee Referred to 2014-01-22T18:55:27Z Referred to 2013-12-11T15:01:00Z Net Price Calculator Improvement Act 113 2281 S 2014-05-01 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. Related bill CRS 2014-01-22 hsed13 Higher Education and Workforce Development Subcomittee 1 House committee actions Referred to the Subcommittee on Higher Education and Workforce Training. Committee 2013-12-11 Referred to the House Committee on Education and the Workforce. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2013-12-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-12-11 Introduced in House IntroReferral 1000 9 Library of Congress C000984 Rep. Cummings, Elijah E. [D-MD-7] ELIJAH CUMMINGS D MD E. 7 N I000056 Rep. Issa, Darrell E. [R-CA-49] DARRELL ISSA R CA E. 49 2013-12-11 True H000636 Rep. Hinojosa, Ruben [D-TX-15] RUBEN HINOJOSA D TX 15 2013-12-11 True M000725 Rep. Miller, George [D-CA-11] GEORGE MILLER D CA 11 2014-05-09 False Education Consumer affairs Government information and archives Higher education Internet and video services Internet, web applications, social media Student aid and college costs Veterans' education, employment, rehabilitation Education 00 2013-12-11 Introduced in House 2014-06-03T21:21:05Z Net Price Calculator Improvement Act - Amends the Higher Education Act of 1965 to establish the minimum requirements for the net price calculator that each institution of higher education (IHE) receiving federal funds under title IV (Student Assistance) of the Act must include on its website. (An IHE's "net price" is the average yearly price actually charged to first-time, full-time undergraduate students receiving student aid at the school after deducting such aid.)

Requires the link for the calculator to be clearly labeled and conspicuously posted on an IHE's website.

Requires each calculator's results page to include:

  • the net price of attending the IHE;
  • the cost of attending the IHE;
  • the estimated total need- and merit-based grant aid, from federal, state, and institutional sources, that may be available to first-time, full-time undergraduate students enrolled at the IHE;
  • the percentage of such students enrolled at the school who receive any of that grant aid; and
  • a notice that an estimate of an individual's net price is non-binding and subject to change.

Requires calculators that estimate a user's eligibility for veterans' education benefits or educational benefits for active duty service members to clearly distinguish those benefits from other grant-aid. Requires calculators that do not make such estimates to provide users with notice of, and a link to information concerning, those benefits.

Directs IHEs to populate their calculators with data from not later than two academic years prior to the most recent academic year.

Requires the calculators to: (1) clearly indicate which questions need to be completed for a net price estimate, (2) clearly mark requests for contact information as optional, and (3) prohibit personally identifiable information from being sold or made available to third parties.

Authorizes the Secretary of Education to develop a universal net price calculator that enables users to answer one set of questions and receive net prices for any IHE that is required to have a net price calculator.

]]> Net Price Calculator Improvement Act Display Title Net Price Calculator Improvement Act Official Title as Introduced To amend the Higher Education Act of 1965 to make technical improvements to the Net Price Calculator system so that prospective students may have a more accurate understanding of the true cost of college. Introduced in House IH Short Titles as Introduced Net Price Calculator Improvement Act Introduced in House 2013-12-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3694ih/xml/BILLS-113hr3694ih.xml 2014-01-22 Referred to the Subcommittee on Higher Education and Workforce Training. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.